Business, 06.05.2020 02:43 gujaratif932

Identify the type of unemployment for the following scenarios:

1) Caroline just graduated from college and is looking for a full-time position with an investment banking firm.
2) Frances is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full-time job.
3) Antonio recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.

a) Structural
b) Frictional
c) Cyclical

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Identify the type of unemployment for the following scenarios:

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